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19848 articles published since 08 Mar 2022

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Biden calls Russian jailing of US journalist 'totally illegal'
Biden calls Russian jailing of US journalist 'totally illegal'
Business and Economy

President Joe Biden on Tuesday called Russia's imprisonment of US journalist Evan Gershkovich on spying charges "totally illegal" and told The Wall Street Journal reporter's family he was working for a release. Gershkovich, an experienced reporter for The Wall Street Journal in Russia, was detained in Yekaterinburg, some 1,100 miles (1,800 kilometers) east of Moscow on March 29.

'Room for improvement' in global debt restructuring: Yellen
'Room for improvement' in global debt restructuring: Yellen
Business and Economy

US Treasury Secretary Janet Yellen said on Tuesday there remains "considerable room for improvement" in the global debt restructuring process, as world leaders convene in Washington this week for key meetings. "There is considerable room for improvement in the international debt restructuring process," Yellen said in prepared remarks to a press briefing.

IMF issues growth warning as it lowers 2023 forecast
IMF issues growth warning as it lowers 2023 forecast
Business and Economy

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension. - Germany on brink of recession - While the picture is one of slowing growth, almost all advanced economies are still expected to avoid a recession this year and next.

'Revenge of the geeks': Drones battle on Ukraine front
'Revenge of the geeks': Drones battle on Ukraine front
Business and Economy

At a Ukrainian training camp near Bakhmut, surrounded by soldiers lugging heavy equipment and firing ear-piercing weapons, a bespectacled man carrying a grey pouch struts jauntily across a field. These are the eyes of the army," said Oleksandr, a soldier in his 30s with a camouflage helmet and a neatly trimmed beard, pulling out a discreet drone from the pouch.

Head of British business lobby sacked over misconduct
Head of British business lobby sacked over misconduct
Business and Economy

Britain's main business lobby group announced Tuesday the sacking of Director General Tony Danker following sexual misconduct allegations that have shaken the Confederation of British Industry. The CBI announced that Rain Newton-Smith, former chief economist at the group, had agreed to rejoin as its new director general just one month after starting a strategist role at Barclays bank.

Dismantling Germany's Lubmin nuclear plant, piece by piece
Dismantling Germany's Lubmin nuclear plant, piece by piece
Business and Economy

At a former nuclear power plant near Lubmin on Germany's Baltic coast, workers in the disassembly hall are chopping up a bulky grey section of a pump from inside one of the reactors. The facility near Lubmin, built by East Germany's communist government and also known as the Greifswald nuclear power plant, was closed in 1990 with reunification.

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